Canadian energy guru Peter Tertzakian addressed the CFA Society Vancouver last week.
Oil Sands Mining News
Takeover brings together two of the UK's largest energy services companies.
Canada's Prime Ministe rhas dismissed a recent string of major oil companies selling their holdings in the oil sands sector and moving investments to shale fields.
Once the deals close, there will be only three major companies — CNRL, Suncor and ExxonMobil majority-owned Imperial Oil Ltd. — dominating Canada's oil sands industry.
The rankings are based on data for academic reputation, employer reputation, research citations per paper and research impact.
Over 24,000 people attended this year's Prospectors & Developers Association of Canada’s Convention — a strong indication that confidence has returned to the mineral exploration and mining industry.
The 15% Mineral Exploration Tax Credit, which was slated to expire at the end of this month, has been extended until March 31, 2018.
For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.
With oil holding steady above US$50 a barrel since December after having bottomed out to about $26 in early 2016, energy analysts say the growth of automation and other labour-saving efficiencies could hold back many jobs from returning with the economic recovery.
Several MAC members already formally participate in the Voluntary Principles on Security and Human Rights Initiative (VPI) and several others apply the VPs for their operations abroad.
The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead
U.S. oil inventories are at record levels, but there are a few glimmers of hope that the glut could be starting to subside.
On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.
Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.
Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently.
The UAE may not be the first country that comes to mind when one thinks of space exploration, but it has big plans to colonize mars, and it’s got the oil money to do it.
The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.
Report by the Mining Association of Canada (MAC) says the country is not in a good position to benefit from the increasing number of companies ready to make new and significant investments.
The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.
EY’s Canadian Mining Eye index declined 13% in the last quarter last year as weak gold and nickel prices offset copper and zinc gains.
The bank believes that Canada’s oil patch may be "on the cusp of a new investment cycle” as oil settles into a US$50-60/bbl range.
Cost per barrel, however, will remain at about $84,000 per flowing barrel of bitumen.
Canada’s oil sands industry may find itself fighting with the US — its own largest customer — for a share of a shrinking oil market within four years.
Seaborne coal, tin prices are the big exceptions.
Operating Engineers in the U.S. and Canada stand ready to build this essential piece of North American energy infrastructure.